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Stability in long-term growth : evidence for a single deterministic trend in Germany (1870-1989)

Author

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  • Belliveau, Stefan

Abstract

This working paper presents analysis about long-term trend in economic growth by examining per-capita GDP in Germany for the years 1870-1989. It supports explanation for economic growth by way of a single, deterministic trend in market-centered economies, when holding non-economic features constant. This working paper's conclusions do not exclude the possibility that a change to trend growth in per-capita GDP occurs in the post-war German period; but it is suggestive that a single, deterministic trend is more influential than the surface data appear.

Suggested Citation

  • Belliveau, Stefan, 2012. "Stability in long-term growth : evidence for a single deterministic trend in Germany (1870-1989)," MPRA Paper 37511, University Library of Munich, Germany.
  • Handle: RePEc:pra:mprapa:37511
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    More about this item

    Keywords

    Economic growth ; economic history ; Germany; 1870-1989;

    JEL classification:

    • N13 - Economic History - - Macroeconomics and Monetary Economics; Industrial Structure; Growth; Fluctuations - - - Europe: Pre-1913
    • N00 - Economic History - - General - - - General
    • O50 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - General
    • O52 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Europe
    • N14 - Economic History - - Macroeconomics and Monetary Economics; Industrial Structure; Growth; Fluctuations - - - Europe: 1913-

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